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About the Listing 15629 - 886211
Rare opportunity to acquire a fully renovated five-unit Greystone property in the heart of Chicago's highly sought-after Lincoln Park neighborhood. The property consists of a three-unit front building and a two-unit coach house, offering an attractive unit mix of spacious 2-, 3-, and 4-bedroom apartments ideal for strong tenant demand. Located just steps from neighborhood retail, public transportation, and the lakefront, this turnkey investment combines prime location with modern functionality. All units were completely gut rehabbed down to the studs in 2016 and feature high-end finishes throughout, including quartz countertops, in-unit laundry, individual HVAC systems, and separate hot water heaters. The extensive 2016 renovation also included updated building systems, providing long-term peace of mind for ownership. The first-floor coach house lease expires at the end of July, creating a potential owner-occupancy opportunity, while all other units are secured with leases extending through summer 2027, offering stable in-place income.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
12656616
Year Built
1900
Total Square Footage
0
Lot/Acreage
25X127.5
County
Cook
Area
CHI - Lincoln Park
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat,Central Heat/Indiv Controls
- Fireplaces: 3
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 25X127.5
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $36,370
- Taxes w/Assessments: N/A
- Tax/Property ID: 14322130170000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
2129 N Racine Ave Chicago, IL 60614
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